Fraud case: Mercy Chinwo’s ex-manager, EeZeeTee, gets N20m bail

EeZeeTee

A Federal High Court in Lagos has granted N20 million bail to Ezekiel Onyedikachi, also known as EeZeeTee, the former manager of gospel singer Mercy Chinwo, over an alleged $255,000 foreign exchange fraud preferred against him by the Economic and Financial Crimes Commission.

Justice Chukwujekwu Aneke, in a ruling on Friday, said the bail must be backed by one surety resident in Lagos who owns property worth the bail sum.

The judge had on Wednesday released EeZeeTee to his lawyer, Mr Ojukwu Chikaosolu, after his arraignment and gave him 72 hours within which he must meet the bail condition.

The EFCC had earlier filed a 14-count charge against EeZeeTee for alleged fraudulent conversion, but amended the charge to a seven-count charge bordering on engaging in foreign exchange transactions without a license. Punch